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Theoretical and empirical aspects of policy failures due to subsidies are discussed in the context of international trade. A general classification of subsidies that cause environmental externalities is presented. The economic and environmental impacts of producer subsidies on international...
Persistent link: https://www.econbiz.de/10011302606
, ‘pollution havens’ emerge in countries where environmental regulation is ‘over-lax.’ We examine the impact of pollution abatement … equilibrium model of trade and pollution nesting the pollution haven motive for trade with the factor endowment motive. We analyze …
Persistent link: https://www.econbiz.de/10011334844
Up to now a clear theoretical and methodological framework for economic-environmental analysis of environmentally damaging subsidies is lacking. Environmentally damaging subsidies are all kinds of direct and indirect subsidies aimed at achieving a certain (often non-environmental) goal that...
Persistent link: https://www.econbiz.de/10011335220
equilibrium framework. We investigate the impact of pollution by focusing on the interaction between location advantages and … negative pollution externalities associated with local production. We distinguish between two goods (food and manufactures) and … activity tends to become less attractive with pollution, and thus less likely. Moreover, we provide a simple necessary and …
Persistent link: https://www.econbiz.de/10011343294
This survey reviews the literature on the political economy of financial structure, broadly defined to include the size of capital markets and banking systems as well as the distribution of access to external finance across firms.The theoretical literature on the institutional basis for...
Persistent link: https://www.econbiz.de/10011374399
In many business transactions, in labor-management relations, in internationalconflicts, and welfare state reforms bargainers hold strong entitlements that are oftengenerated by claims that are not feasible any more. These entitlements seem to considerablyshape negotiation behavior. By using the...
Persistent link: https://www.econbiz.de/10011333887
This provides a short overview of the main themes of ecological economics (EE). It isargued that EE provides a platform that fosters multidisciplinary environmental research bybringing together the core contributing disciplines economics and ecology. In addition, EE isregarded as a pluralistic...
Persistent link: https://www.econbiz.de/10011304408
We take a decentralized approach to regulating environmental pollution in settings where each agent's pollution … possibly affects all others. There is no central agency to enforce pollution abatement or coordinate monetary transfers …
Persistent link: https://www.econbiz.de/10014534747
This paper empirically studies how emission pricing affects capital replacement and adoption of embodied environmental technology. A pricing policy encourages firms to accelerate retirement of old capital assets and replace them with newer more efficient assets, but this may crowd out...
Persistent link: https://www.econbiz.de/10013359048
Persistent link: https://www.econbiz.de/10001792632